Turkish Lira Steadies âšī¸
Turkish lira stabilized near record lows, with political uncertainty and a central bank rate cut to 40.5%, while inflation eased to 32.95% and GDP grew 4.8% in Q2.
Political and economic developments suggest complex market dynamics with potential short-term volatility in emerging markets, indicating moderate uncertainty for international investment portfolios.
Turkish Stocks Gain After Court Postpones Opposition Ruling âšī¸
Turkey's BIST 100 index rebounded after a court postponed a ruling on the opposition party's leadership, while the Central Bank cut interest rates to 40.5% and inflation eased to 32.95%.
Political uncertainty and monetary policy shifts suggest moderate market volatility, with potential implications for emerging market investments and regional financial stability.
Turkey Current Account Turns Surplus in July âšī¸
Turkey's current-account surplus expanded to $1.77 billion in July 2025, driven by services account surplus and narrowed goods account deficit, breaking an eight-month deficit streak.
Macroeconomic indicators show improvement in Turkey's trade balance, with services and goods accounts demonstrating resilience. The widening current-account surplus suggests potential economic stabilization and attractiveness for international investors.
Turkey Cuts Policy Rate Beyond Expectations âšī¸
Turkey's Central Bank unexpectedly cut its benchmark interest rate by 250 basis points to 40.5%, signaling a cautious approach to monetary policy while targeting medium-term inflation stabilization.
Monetary policy shift indicates complex economic dynamics with potential implications for emerging markets and global investment strategies. The cautious rate cut suggests ongoing economic management with potential medium-term stabilization efforts.
Turkey Retail Sales Growth Eases to 3-Month Low âšī¸
Turkish retail sales grew 13% year-on-year in July 2025, showing a slowdown from the previous month with moderated growth across most retail categories and a slight monthly decline of 0.2%.
Moderate economic data indicates a gradual deceleration in Turkish retail consumption, suggesting potential economic stabilization without significant market disruption. Growth remains positive but shows signs of normalization.